Viabot Lands $24 Million Series A

<p><span class&equals;"legendSpanClass"><strong>SANTA CLARA<&sol;strong> <&sol;span>&&num;8212&semi; <a href&equals;"https&colon;&sol;&sol;edge&period;prnewswire&period;com&sol;c&sol;link&sol;&quest;t&equals;0&amp&semi;l&equals;en&amp&semi;o&equals;4776539-1&amp&semi;h&equals;13954005&amp&semi;u&equals;http&percnt;3A&percnt;2F&percnt;2Fwww&period;viabot&period;com&percnt;2F&amp&semi;a&equals;Viabot&percnt;E2&percnt;84&percnt;A2" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener"><b>Viabot<&sol;b><&sol;a>&comma; an autonomous robotics startup tackling trash&comma; debris and soft security at scale&comma; has landed a <b>&dollar;24 million Series A round led by Walden International<&sol;b>&comma; with participation from <b>CDIB Capital Group <&sol;b>and<b> Stalwart Ventures<&sol;b>&comma; alongside existing investors&colon;<b> Baseline Ventures&comma; Era Ventures&comma; Morado Ventures <&sol;b>and<b> SOSV<&sol;b>&period; The funding brings Viabot&&num;8217&semi;s <b>total capital raised to &dollar;43 million<&sol;b>&comma; strengthening its capacity to meet growing enterprise demand for autonomous property-management robotics&period;<&sol;p>&NewLine;<p>&&num;8220&semi;We founded Viabot on the belief that technology should be extremely helpful&comma; beautifully-designed and built to perform meaningful tasks that give teams their time back&comma;&&num;8221&semi; said <b>CEO <&sol;b>and<b> Co-Founder<&sol;b> <b>Gregg Ratanaphanyarat<&sol;b>&period; &&num;8220&semi;This investment marks an important new chapter in pursuit of that mission&period;&&num;8221&semi;<&sol;p>&NewLine;<p>The company&&num;8217&semi;s flagship product <b>The Viabot One services 25 million square feet of commercial property <&sol;b>with intelligence <b>trained on more than 5 billion square feet of real world&comma; multi-modal data<&sol;b>&period; Viabot will apply the new capital to growing its sales and engineering teams&comma; accelerating new product development&comma; and continued improvements to its robotics-as-a-service and Viabot One&period;<&sol;p>&NewLine;<p>&&num;8220&semi;We invest in teams that combine technical depth with the discipline to solve important customer problems&period; Viabot has demonstrated both by building a compelling platform with a clear focus on real-world customer value&comma;&&num;8221&semi; said <b>Steve Anderson<&sol;b>&comma; founder of<b> Baseline Ventures<&sol;b>&period; &&num;8220&semi;The best technology becomes part of everyday life without asking people to think twice&period; Viabot produces robots that are both highly capable and thoughtfully designed for the communities&comma; campuses and commercial properties they serve&period;&&num;8221&semi;<&sol;p>&NewLine;<p><b><&sol;b><span id&equals;"x&lowbar;gmail-docs-internal-guid-db99617c-7fff-7394-c0f8-a765fe8e08cb">The design-forward Viabot One outdoor property care platform features proprietary technology&comma; including autonomous tool swapping and the ability to hot-swap its own batteries for 12-24 hour runs&period; Viabot One&&num;8217&semi;s primary function is sweeping and cleaning trash and debris up to 10 inches&period; It also provides supplementary soft security services&comma; like loitering detection and asset monitoring&period; The platform is designed to continuously improve its intelligence with remote software updates&period; <&sol;span><&sol;p>&NewLine;<p>The Viabot One uses cameras&comma; lidar&comma; depth sensors&comma; DGPS and dynamic path planning to map and navigate its surroundings&comma; perform scheduled routes and adapt to changing conditions&period; After completing a scheduled run&comma; the robot independently returns to its docking station to recharge and empty collected debris into standard trash bins&comma; requiring only a standard 120V outlet to operate&period;<&sol;p>&NewLine;<p><b><&sol;b>Following the release of its RUNO prototype in 2021&comma; Viabot developed and validated its new mobile intelligence platform&comma; The Viabot One&comma; through real-world deployments that resulted in unit economic profitability&comma; contract renewals and new business&period; The company also established its production and <b>expanded service nationally<&sol;b> to <b>California&comma; Florida&comma; Indiana&comma; Missouri&comma; Nevada&comma; North Carolina&comma; Texas <&sol;b>and<b> Virginia<&sol;b>&period; Viabot&&num;8217&semi;s customers include&colon; <b>Fortune 500 retailers&comma; higher education institutions&comma; multi-national real estate owners&comma; developers&comma; <&sol;b><b>property management firms across retail&comma; shopping&comma; entertainment&comma; class-A office buildings&comma; healthcare <&sol;b>and<b> utility companies<&sol;b>&comma; among others&period;<&sol;p>&NewLine;<p>Fueling interest in Viabot&&num;8217&semi;s platform are customers searching for innovative solutions to environmental debris removal requirements&comma; and autonomous infrastructure that addresses public and organizational concern about litter&period; Businesses spend an estimated &dollar;9&period;1 billion annually on litter cleanup and 94&percnt; of Americans view litter as a major problem according to recent studies<&sol;p>&NewLine;<p>&&num;8220&semi;By removing trash and debris at scale and adapting to each client&&num;8217&semi;s needs&comma; Viabot delivers a visible environmental benefit while freeing property teams to focus on higher-value work&comma;&&num;8221&semi; <b>said Anderson<&sol;b>&period; &&num;8220&semi;This combination of value is what makes the company so compelling&period;&&num;8221&semi;<&sol;p>&NewLine;

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